ENI and Anadarko to build LNG terminals in Mozambique

Reuters are reporting that Italy's ENI and Anadarko signed agreements with the Mozambique government on 10 August to build two LNG terminals in the southern African country.

The terminals will be built in Cabo Delgado province, where Mozambique has made massive gas discoveries that could transform it from a poor African country into a major energy supplier to Asia.

The agreements were signed by Mozambique's energy minister Letícia Klemens and the regional heads of ENI and Anadarko. The two companies will separately build their own terminals.

ENI is spending US$8 billion to develop a gas field off the coast of Mozambique while Anadarko is developing Mozambique's first onshore LNG plant consisting of two initial LNG trains with a total capacity of 12 million tpy.

More than US$30 billion is expected to be invested in Mozambique's natural gas sector to build capacity to produce 20 million tpy of LNG, with the first exports due to start in 2021.